$43,500
$7K PRICE DROP

503 Putnam St Olean, NY 14760

Estimated payment $420/month

Total Views 8,430
3 Beds
1 Bath
1,336 Sq Ft
$33 Price per Sq Ft

Highlights

  • Wood Flooring
  • Formal Dining Room
  • En-Suite Primary Bedroom
  • Separate Formal Living Room
  • Laundry Room
  • 3-minute walk to Oak Hill Park

About This Home

Charming two-story home offering 3 bedrooms and 1 full bath with approximately 1,336 sq ft of living
space. The main level features a spacious living room, formal dining room, and functional kitchen layout.
Upstairs includes three comfortable bedrooms and a full bath. Full basement provides additional storage
and utility space. Classic architectural details and natural light throughout. Conveniently located near local
schools, parks, shopping, and everyday amenities. Ideal opportunity for owner-occupants or investors
looking to add value. Affordable price point with solid layout and strong potential. Public water and sewer.

Listing Agent

Derek Greene

Listing by The Greene Realty Group Brokerage Phone: 860-560-1006 License #10371200613 Listed on: 02/18/2026

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,253

Year Built

  • Built in 1940

Lot Details

  • 1,400 Sq Ft Lot
  • Lot Dimensions are 35x40
  • Rectangular Lot

Home Design

  • Block Foundation
  • Wood Siding

Interior Spaces

  • 1,336 Sq Ft Home
  • 2-Story Property
  • Separate Formal Living Room
  • Formal Dining Room
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

Parking

  • No Garage
  • Driveway

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Programmable Thermostat

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 041200-094-064-0009-004-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,253

Year Built

Built in 1940

Lot Details

1,400 Sq Ft Lot

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1940
  • Attribution Contact: 860-560-1006
  • ResoLaundryFeatures: Main Level
  • Lot Features: Rectangular, Rectangular Lot, Residential Lot
  • Road Frontage Type: City Street
  • Directions: From N Union St in Olean, turn onto Putnam St. Continue east past N 5th St. The property will be on the right-hand side
  • Architectural Style: Two Story
  • Flooring: Hardwood, Varies, Vinyl
  • Garage Yn: No
  • Interior Features: Separate/Formal Dining Room, Separate/Formal Living Room, Bath in Primary Bedroom, Programmable Thermostat
  • Unit Levels: Two
  • Year Built Details: Existing
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Main Level Bathrooms: 1
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.0321
  • Waterfront: No
  • Construction Type: Wood Siding
  • Foundation Details: Block

Garage/Parking

  • Parking Features: No Garage, Driveway, No Driveway

Utilities

  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Olean

Lot Info

  • Parcel Number: 041200-094-064-0009-004-000-0000
  • Lot Dimensions: 35X40
  • Lot Size Sq Ft: 1400.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2253.0
  • Tax Lot: 4

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,087 $33,000 $500 $32,500
2024 $2,087 $33,000 $500 $32,500
2023 $1,129 $33,000 $500 $32,500
2022 $1,124 $33,000 $500 $32,500
2021 $1,297 $33,000 $500 $32,500
2020 $325 $33,000 $500 $32,500
2019 $248 $33,000 $500 $32,500
2018 $739 $33,000 $500 $32,500
2017 $529 $33,000 $500 $32,500
2016 $520 $33,000 $500 $32,500
2015 -- $33,000 $500 $32,500
2014 -- $33,000 $500 $32,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/18/2026 03/18/26 Price Changed $43,500 -3.3% $33 / Sq Ft
03/05/2026 03/05/26 Price Changed $45,000 -10.0% $34 / Sq Ft
02/18/2026 02/18/26 For Sale $50,000 +78.6% $37 / Sq Ft
06/12/2024 06/12/24 Sold $28,000 -12.5% $21 / Sq Ft View Prior Sale
04/29/2024 04/29/24 Pending -- -- --
04/09/2024 04/09/24 Price Changed $31,999 -5.9% $24 / Sq Ft
02/22/2024 02/22/24 For Sale $34,000 0.0% $25 / Sq Ft
02/16/2024 02/16/24 Pending -- -- --
02/13/2024 02/13/24 Price Changed $34,000 -24.4% $25 / Sq Ft
01/04/2024 01/04/24 Price Changed $44,999 -10.0% $34 / Sq Ft
12/08/2023 12/08/23 Price Changed $49,999 -23.1% $37 / Sq Ft
12/08/2023 12/08/23 For Sale $65,000 -- $49 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $28,000 None Available
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Source: Western New York Real Estate Information Services (WNYREIS)

MLS Number: B1662586

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-064-0009-004-000-0000

Your Personal Tour Guide

Ask me questions while you tour the home.